Regulation to blame for sharp copper price cut, not Commerce Commission, lawyer says

Regulation to blame for sharp copper price cut, not Commerce Commission, lawyer says
By Paul McBeth March 18 (BusinessDesk) - Sweeping changes to laws governing the telecommunications sector were to blame for size of the drop in what Chorus can charge for access to its copper lines services, rather than the Commerce Commission’s decision to impose the cut, the High Court heard today. Counsel for the regulator, John Farmer QC, rejected claims by Chorus that it had erred in law by choosing two nations to act as a benchmark price without an evidential basis or that it hadn’t correctly followed section 18 of the Telecommunicati...